Retail Banking

RBS' latest suitor for sale of China assets: ANZ

ANZ may take another look at RBS banking assets in China after Standard Chartered PLC pulled out of talks to buy the operations, says spokesman. "ANZ...

RBS' latest suitor for sale of China assets: ANZ

ANZ may take another look at RBS banking assets in China after Standard Chartered PLC pulled out of talks to buy the operations, says spokesman. "ANZ...

China Minsheng wants control of U.S. Bank UCBH Holdings

Minsheng, China’s first privately owned bank, is seeking U.S. regulatory approval to boost its holding in San Francisco- based UCBH to at least 50...

Andhra Bank and Bank of Baroda: together for Life (insurance)?

Presently a corporate agent of LIC, the public sector lender has now formed a joint venture with UK-based Legal and General Plc Insurance Co and...

Deutsche Bank’s David Murray, Tim Andrew to head equities in Standard Chartered

Standard Chartered is banking on the two latest additions to its team to grow its Asian business.

Bank of Baroda’s Emirates operations booms 3-fold

Phenomenal growth in its United Arab Emirates operations has left the Bank of Baroda (BoB) eager to expand operations in the area.

RBS' Asian assets sale flops

Talks between Standard Chartered PLC and Royal Bank of Scotland Group PLC (RBS) for the sale of RBS' assets in India, China and Malaysia seem to have...

DBS to open 100 branches in Indonesia by 2012

DBS CEO Koh Boon Hwee reveals DBS' latest plans for expansion in Indonesia: to open 100 branches and look for acquisitions in the next three years.

OCBC goes for kiddy’s money in Malaysia

After garnering a huge success with their children’s savings program in Singapore, OCBC is eager to spread the word further in Malaysia, according to...

Rebuilding Trust and Trade in Asia

As the credit crisis impacted Asia’s supply chains, trust was badly damaged. Global banks, with their cross-border expertise and trade finance tools...

HSBC: Failed in America, try Hong Kong (again)

After its painful foray into the American subprime market, HSBC is now re-focusing on Hong Kong in emerging markets.

Banking Blues: It’s getting tougher says DBS Chairman

It's tough times ahead for bankers as the banking industry reels from the onslaught of the global recession due to reckless lendings. Capital...

Shanghai Pudong Bank completes $2.2 billion share placement

The bank said it placed all shares with a 1 year lock up from selling to institutional investors as other banks line up to refresh their capital base...

China bets the bank on Thailand

In a stunning move that will have regional banks in Asia wondering when the Chinese will come for them, ICBC has just agreed to fork out $545 million...

CIMB targets Singapore’s retail banking market

Retail banking would broaden CIMB's customer segment coverage with the bank's new operations in Singapore.

ANZ teams CDB to conquer APAC market

Partnership will strengthen CDB's presence in Asia-Pacific region with ANZ as its agent.

BOT vies for reverse mortgages in Taiwan

The bank pushes Taiwanese government to offer reverse mortgage to convert home into cash.

BPI's big cash cow: overseas Filipino workers

Continuous surge in inflow of money from Filipino workers abroad could produce $4.5 billion by yearend.